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Duplex with Additional Lot
For Sale
$450,000

6606 Southpoint St, San Antonio, TX 78229

Multi-Family (2-8 Units), San Antonio, TX

Property Size2,820 SF
Lot Size0.45 Acres
Price / SF$159.57
Days on Market47

Property Features for 6606 Southpoint St

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Baskin
Middle school Longfellow
High school Jefferson
Elementary school district San Antonio I.S.D.
Middle school district San Antonio I.S.D.
High school district San Antonio I.S.D.
Subdivision 0400
Standard status Active
Size 2,820 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Annual Amount 7307

Amenities

deck
backyard
parking

Building Details

Year built 1972
Listing Agency: RE/MAX North-San Antonio · RE/MAX International
Listed By: Christy Rupp · License #600433
Added: Sep 15 Changed: Sep 30 Last Checked: Oct 31 at 10:06PM
MLS# 2016697

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The 2,820-square-foot duplex was built in 1972 and contains two separate units. Each level has three bedrooms and two bathrooms, with a deck; the property also includes a backyard and parking. A 50-pound water heater was installed in 2026. The first-floor unit is tenant occupied, and the available photographs show the second-floor unit.

An additional lot is included in the sale. The property is identified as 0.45 acres, and the extra parcel adds land to the duplex offering.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 2 bathrooms on each level
  • 2,820 square feet; built in 1972
  • Additional lot included; property identified as 0.45 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,458
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,160 $649.2K
Cap Rate 7%
$463,686 $463.7K
Cap Rate 9%
$360,644 $360.6K
Market Conditions
NOI Build-Up for 2,820 SF
Gross rent
$49.1K $17.40/SF
− Vacancy
−$2.7K −$0.96/SF
EGI
$46.4K $16.44/SF
− OpEx
−$13.9K −$4.93/SF
NOI
$32.5K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,160
Cap Rate 7%
$463,686
Cap Rate 9%
$360,644

Alternative Uses

Best Use
Multifamily LT 5
$463.7K
$405.7K – $541.0K (±1% cap)
NOI $32,458 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$411.5K
$360.1K – $480.1K (±1% cap)
NOI $28,806 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$719.3K
$629.4K – $839.2K (±1% cap)
NOI $50,353 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,581
Businesses Nearby

Demographics for 78229, TX

33,135
Population
19,149
Households
1.7
Avg Household Size
31
Median Age
31%
College-Educated
86%
High-School Grad
5.8 sq mi
ZIP Area
5,713
Density / Sq Mi
$46,718
Median Household Income
$32,888
Median Earnings
$1,234
Median Rent
$206,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residential units provide rental income potential, with an extra lot included in the offering.
Where is this duplex located?
The property is located at 6606 Southpoint St San Antonio, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 2 bathrooms on each level; 2,820 square feet; built in 1972; Additional lot included; property identified as 0.45 acres
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